# PPP loan: ROBOTEX INC.
> **$164K** approved 04/27/2020 · Paid in Full · Loan `5001097200`
## Borrower
- **Name:** ROBOTEX INC.
- **Address:** 300 S WASHINGTON ST, JERSEYVILLE, IL, 62052-1672
- **NAICS:** 339999
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $164K
- **Initial approval:** $164K
- **Forgiven:** $166K (101%)
- **Forgiveness date:** 05/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $123K
- **Utilities:** $41K
- **Jobs reported:** 6
## Lender
- **Originating:** Jersey State Bank
- **Servicing:** Jersey State Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*